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How to buy Texas Pacific Land Trust stock | 579.99

Own Texas Pacific Land Trust stock in just a few minutes.

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Texas Pacific Land Trust is an oil & gas e&p business based in the US. Texas Pacific Land Trust shares (TPL) are listed on the NYSE and all prices are listed in US Dollars. Texas Pacific Land Trust employs 102 staff and has a trailing 12-month revenue of around USD$341.2 million.

How to buy shares in Texas Pacific Land Trust

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Texas Pacific Land Trust. Find the stock by name or ticker symbol: TPL. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Texas Pacific Land Trust reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$579.99, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Texas Pacific Land Trust, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Texas Pacific Land Trust. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Texas Pacific Land Trust share price

Use our graph to track the performance of TPL stocks over time.

Texas Pacific Land Trust shares at a glance

Information last updated 2020-11-30.
Latest market close USD$579.99
52-week range USD$295.0489 - USD$818.0429
50-day moving average USD$515.7385
200-day moving average USD$543.3513
Wall St. target price USD$575
PE ratio 22.7985
Dividend yield USD$10 (1.7%)
Earnings per share (TTM) USD$25.835

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Texas Pacific Land Trust stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Texas Pacific Land Trust price performance over time

Historical closes compared with the close of $579.99 from 2020-11-16

1 week (2020-11-20) N/A
1 month (2020-10-28) N/A
3 months (2020-08-28) N/A
6 months (2020-05-28) N/A
1 year (2019-11-27) N/A
2 years (2018-11-27) N/A
3 years (2017-11-27) N/A
5 years (2015-11-27) N/A

Is Texas Pacific Land Trust under- or over-valued?

Valuing Texas Pacific Land Trust stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Texas Pacific Land Trust's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Texas Pacific Land Trust's P/E ratio

Texas Pacific Land Trust's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 23x. In other words, Texas Pacific Land Trust shares trade at around 23x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Texas Pacific Land Trust's EBITDA

Texas Pacific Land Trust's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$264.7 million.

The EBITDA is a measure of a Texas Pacific Land Trust's overall financial performance and is widely used to measure a its profitability.

Texas Pacific Land Trust financials

Revenue TTM USD$341.2 million
Operating margin TTM 73.36%
Gross profit TTM USD$469.3 million
Return on assets TTM 27.86%
Return on equity TTM 41.63%
Profit margin 58.73%
Book value $66.944
Market capitalisation USD$4.6 billion

TTM: trailing 12 months

Shorting Texas Pacific Land Trust shares

There are currently 129,476 Texas Pacific Land Trust shares held short by investors – that's known as Texas Pacific Land Trust's "short interest". This figure is 4.4% down from 135,480 last month.

There are a few different ways that this level of interest in shorting Texas Pacific Land Trust shares can be evaluated.

Texas Pacific Land Trust's "short interest ratio" (SIR)

Texas Pacific Land Trust's "short interest ratio" (SIR) is the quantity of Texas Pacific Land Trust shares currently shorted divided by the average quantity of Texas Pacific Land Trust shares traded daily (recently around 20011.746522411). Texas Pacific Land Trust's SIR currently stands at 6.47. In other words for every 100,000 Texas Pacific Land Trust shares traded daily on the market, roughly 6470 shares are currently held short.

However Texas Pacific Land Trust's short interest can also be evaluated against the total number of Texas Pacific Land Trust shares, or, against the total number of tradable Texas Pacific Land Trust shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Texas Pacific Land Trust's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 Texas Pacific Land Trust shares in existence, roughly 20 shares are currently held short) or 0.0221% of the tradable shares (for every 100,000 tradable Texas Pacific Land Trust shares, roughly 22 shares are currently held short).

A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Texas Pacific Land Trust.

Find out more about how you can short Texas Pacific Land Trust stock.

Texas Pacific Land Trust share dividends

100%

Dividend payout ratio: 99.5% of net profits

Recently Texas Pacific Land Trust has paid out, on average, around 99.5% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.7% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Texas Pacific Land Trust shareholders could enjoy a 1.7% return on their shares, in the form of dividend payments. In Texas Pacific Land Trust's case, that would currently equate to about $10 per share.

Texas Pacific Land Trust's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Texas Pacific Land Trust's most recent dividend payout was on 17 December 2020. The latest dividend was paid out to all shareholders who bought their shares by 10 December 2020 (the "ex-dividend date").

Have Texas Pacific Land Trust's shares ever split?

Texas Pacific Land Trust's shares were split on a 5:1 basis on 13 July 2007. So if you had owned 1 share the day before before the split, the next day you'd have owned 5 shares. This wouldn't directly have changed the overall worth of your Texas Pacific Land Trust shares – just the quantity. However, indirectly, the new 80% lower share price could have impacted the market appetite for Texas Pacific Land Trust shares which in turn could have impacted Texas Pacific Land Trust's share price.

Texas Pacific Land Trust share price volatility

Over the last 12 months, Texas Pacific Land Trust's shares have ranged in value from as little as $295.0489 up to $818.0429. A popular way to gauge a stock's volatility is its "beta".

TPL.US volatility(beta: 2.02)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Texas Pacific Land Trust's is 2.0163. This would suggest that Texas Pacific Land Trust's shares are significantly more volatile than the average for this exchange and represent a higher risk.

Texas Pacific Land Trust overview

Texas Pacific Land Trust holds title to tracts of land in the state of Texas. The company operates through two segments, Land and Resource Management, and Water Service and Operations. The Land and Resource Management segment manages various land and related resources in West Texas. This segment has oil and gas royalty interests; enter into easement contracts covering activities, such as oil and gas pipelines and subsurface wellbore easements; and leases land. As of December 31, 2019, it owned the surface estate in approximately 901,787 acres of land comprising various separate tracts located in 19 counties in the western part of Texas. This segment also owns a 1/128th nonparticipating perpetual oil and gas royalty interest under 84,934 acres of land, as well as a 1/16th nonparticipating perpetual oil and gas royalty interest under 370,737 acres of land in the western part of Texas; and oil and gas royalty interests in approximately 3,074 net royalty acres. The Water Service and Operations segment offers water sourcing, produced-water gathering/treatment, infrastructure development, disposal solutions, water tracking, analytics, and well testing services. Texas Pacific Land Trust was founded in 1888 and is headquartered in Dallas, Texas.

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